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House prices have increased far more than the average salary across the UK

The report also highlighted house price patterns in terms of areas and property type.

The least unaffordable area in the UK was revealed to be Kensington and Chelsea, where properties cost 40.1 times more than wages.

The most affordable area was Cope, in the North West of England, where house prices cost 2.7 times earnings.

The report said: “Housing affordability has worsened significantly in 69 local authorities in England and Wales over the last five years, with over three-quarters of these being in London, the South East and the East.”

Housing had the biggest decrease in affordability in the East of England area.

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House prices: Homes on average cost eight times your salary in the UK

The best commuter towns to London

Mon, March 20, 2017

Top 10 commuter towns to London - TotallyMoney.com have ranked the best commuter towns, taking house prices, cost of commute, commute time and overall life satisfaction into consideration.